Untitled - Swissco Holdings Limited
Untitled - Swissco Holdings Limited
Untitled - Swissco Holdings Limited
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Ship Repair and Maintenance<br />
Being strategically located on the international shipping route<br />
and the leading logistics player in the region, Singapore receives<br />
heavy volume of mercantile traffic. The vessels that pass through<br />
this route would require regular repair and maintenance to<br />
ensure their seaworthiness and to meet certification requirements.<br />
Our subsidiary, SML operates our ship repair and maintenance<br />
yard at 58 and 60 Penjuru Lane, Singapore.<br />
With 2 slipways, a waterfront and a 3,000 DWT dry dock, our<br />
facilities cater to the niche market of small to mid-sized capacity<br />
vessels plying this region. Our customers are generally owners<br />
of tugs, barges, small tankers and other smaller crafts. Despite<br />
competition from yards located in neighbouring countries, our<br />
higher productivity and specialisation give us the competitive<br />
advantage. Singapore’s stronghold in logistics ensures spares<br />
and equipment are competitively priced and available to reduce<br />
vessel downtime for owners while we carry out repairs. We<br />
release owners’ vessels back into operations faster. To complement<br />
our repair and maintenance services, we also build tugs and<br />
barges for own and customers’ use.<br />
Competitive Strengths<br />
Young fleet of offshore support vessels<br />
• Our policy is to operate a young and modern fleet of offshore<br />
support vessels, with an average age of about 4 years.<br />
• To enable us to serve the higher value-added sector of the<br />
industry<br />
Pioneers in the OPL business<br />
• As one of the pioneers in the OPL business, we are reputable<br />
with a good track record<br />
• We have the capacity to expand our customer base and<br />
seize new business opportunities that arise<br />
Well-established relations with our suppliers and customers<br />
Ability to provide competitively-priced, value-added services to<br />
customers<br />
• We retain and secure new customers by offering<br />
competitively-priced and value-added services such as the<br />
use of our private wharf facility, material handling equipment,<br />
machinery and warehouse<br />
• Our dockyard, afloat repair facilities and offshore support<br />
vessels have high utilisation rates<br />
Dedicated, competent and experienced management team<br />
• Executive Chairman Mr Yeo Chong Lin, one of the pioneers<br />
in Singapore’s marine logistics business, has been in business<br />
since 1972<br />
• Leading our professional team of key executives, Chief<br />
Executive Officer Mr Alex Yeo Kian Teong and Managing<br />
Director of SML, Mr E K Lim have 64 years of collective<br />
experience and expertise in the industry.<br />
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